Openbank
- Offers
- 5
- Instant access
- 2.71%
- highest effective
- Deposit
- 1.91%
- highest effective
- Deposit guarantee
- Until €100,000
- Spain scheme
Offers from Openbank
- Welkom Spaarrekening3.10% · 2.71% effective · since 22 Sep 2026€271interest per year
- Open Spaarrekening2.25% · 2.27% effective · since 22 Sep 2026€227interest per year
- Deposit 3 months1.90% · 1.91% effective€191per year, annualised
- Deposit 6 months1.90% · 1.91% effective€191per year, annualised
- Deposit 1 year1.90% · 1.90% effective€190interest per year
Saving at Openbank
Openbank is a bank from Spain, supervised by Banco de España. You open an account with the bank itself, online.
For €10,000 we list 2 instant-access accounts and 3 deposits from Openbank, with terms from 3 months to 1 year. The best instant-access account, Welkom Spaarrekening, pays an effective 2.71% a year. The highest instant-access rate in our comparison is 3.04% right now. The best-paying deposit runs for 3 months at an effective 1.91% a year.
The lowest minimum deposit is €1. 1 offer has a temporary promotional rate; the effective rate above already counts the lower rate that follows. 1 offer is for new customers only. Some rates require a current account with the bank as well.
Savings at Openbank fall under Fondo de Garantía de Depósitos de Entidades de Crédito (FGD), the statutory deposit guarantee scheme of Spain, up to €100,000 per person. We checked that with the supervisor or the scheme itself. Openbank shares its banking licence with Santander Consumer Bank: money at these brands together counts towards one guarantee limit. Spain withholds 19.00% tax on interest by default; as a resident of the Netherlands you bring that down to 0% with a form.
- What is the savings rate at Openbank?
- At Openbank the highest effective annual rate for €10,000 is currently 2.71% on instant-access savings and 1.91% on a 3 months deposit. The table on this page has every offer with its rate and conditions.
- Is my money safe at Openbank?
- Openbank (Open Bank, S.A.) takes part in Fondo de Garantía de Depósitos de Entidades de Crédito (FGD). If the bank fails, that scheme repays your savings up to €100,000 per person, interest included.
- Do I pay withholding tax on interest from Openbank?
- Spain withholds 19.00% tax on interest by default; as a resident of the Netherlands you bring that down to 0% with a form.
- How do I open an account at Openbank?
- You open an account with the bank itself, online.
Deposit guarantee and licence
- Institution
- Open Bank, S.A.
- Status
- Verified European deposit guarantee scheme
- Scheme
- Fondo de Garantía de Depósitos de Entidades de Crédito (FGD)
- Guarantee
- €100,000 per person per institution
- Verification
- Wettelijke DGS-informatie van Open Bank, S.A.source ↗ · 15 Sep 2026
details
Fondo de Garantía de Depósitos, € 100.000); FGD-register is niet machinaal leesbaar
The same licence as Santander Consumer Bank: savings at these brands together fall under one guarantee.
Recent changes
Rate historyRSS- 22 Sep 2026, 09:56 · Rate upOpenbank – Open Spaarrekening: 1.80% → 2.25%
- 22 Sep 2026, 09:56 · Rate upOpenbank – Welkom Spaarrekening: base rate 1.80% → 2.25%